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Hyundai taps EV startup Canoo to develop electric vehicles

TechCrunch LA

Hyundai Motor Group said it will jointly develop an electric vehicle platform with Los Angeles-based startup Canoo, the latest startup tapped by the automaker as part of an $87 billion push to invest in electrification and other future technologies. Canoo said it will provide engineering services to develop the electric platform.

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Canada’s newest unicorn: Clio raises $110M at a $1.6B valuation for legal tech

TechCrunch LA

Clio last raised in September of 2019 when it brought in $250 million in a Series D financing. Historically, legal practice management software was limited to server-based solutions designed for enterprise businesses — not small law firms, Newton said. Rowe Price Associates Inc. and OMERS Growth Equity. Image Credits: Clio.

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Snap’s Yellow accelerator debuts its third batch of investments

TechCrunch LA

The 10 startups in Yellow’s third batch include: Brightly : a media platform and community that promotes ethical and sustainable brands. Stipop : a rich cross-platform chat sticker API. Wabisabi Design : an augmented reality game studio focused on bit-sized titles. Snap investment Hardworkers.

Invest 237
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GM exits car-sharing business and shuts down Maven

TechCrunch LA

” Maven was designed to bring and expand several of GM’s existing test programs under one brand. Maven then launched a service in summer 2018 in Chicago, Detroit and Ann Arbor that let owners rent out their personal GM-branded vehicles through its Maven car-sharing platform.

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Fiction Riot Plans Short Form Video App

socalTECH

According to Fiction Riot, its new app, Ficto , will offer up subscription access to series from professional producers, writers, actors and artists, designed specifically for mobile usage. The first content on the platform is targeted for early 2019. The new startup is led by CEO and co-founder Mike Esola.

Content 113
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Spying a pivot to ghost kitchens, Softbank’s second Vision Fund pours $120 million into Ordermark

TechCrunch LA

Investors from the latest Vision Fund first reached out to Canter shortly after the company announced its last round of funding in 2019. “The way that Ordermark’s technology is designed, not only can we aggregate online orders into the device, but we can aggregate multiple brands into the device.”

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Putting the band back together, ExactTarget execs reunite to launch MetaCX

TechCrunch LA

The first offerings will be launching in the beginning of 2019, but the company has dozens of customers already using its pilot, McCorkle said. Our founding team includes world-class engineers, designers and architects who have been building billion-dollar SaaS products for two decades,” said McCorkle, in a statement. “We